Senate Bill 2497
116th Congress(2019-2020)
Dependent Income Exclusion Act of 2019
Introduced
Introduced in Senate on Sep 18, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2497
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Dependent Income Exclusion Act of 2019
This bill excludes certain wages or self-employment earnings of a dependent of a taxpayer for purposes of determining the taxpayer's eligibility for premium tax credits used to purchase insurance on Patient Protection and Affordable Care Act exchanges. To qualify for the exclusion, the dependent must be under 18 years of age or have not attained age 24 at a certain time in a calendar year and be a part-time student or apprentice or participant in a job training program.
September 18, 2019
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09/18/2019
Read twice and referred to the Committee on Finance.
09/18/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 1:49:57 PM